How closer scrutiny of risk data aggregation practices is increasing regulatory pressures on banks
The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it... Read More
Cappitech launches new insights tool for reporting processes
Regulatory reporting platform Cappitech has released its insights tool for peer review regulatory analysis. The company’s goal is to help financial institutions improve their data... Read More
Konsentus, Token.io partner to offer an accelerated PSD2 compliance solution
Konsentus has formed a strategic partnership with Token.io to provide European financial institutions with an accelerated solution for PSD2 compliance. The deadline for financial institutions... Read More
Bolton Labs acquires Phylasso Security to increase reach on Southeast Asia market
Bolton Labs has acquired fellow cybersecurity company Phylasso Security, increasing its reach to the Southeast Asian market. Philippines-based Phylasso Security is an end-to-end cybersecurity solution... Read More
The UK’s finance industry prevented a total loss of £1.66bn in fraud
The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a... Read More
Ascent adds seven new regulators to its platform
Compliance automation platform Ascent RegTech has launched seven new regulators into its platform. The new regulators are: US-based FFIEC (Federal Financial Institutions Examination Council), FRB (Federal Reserve... Read More
IDB Bank picks NICE Actimize to bolster AML processes
Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes. By... Read More
Apex Group to utilise AQMetrics’ regulatory reporting technology
AQMetrics, a RegTech 100 company, will be providing its regulatory reporting technology solution to Apex Group, a fund manager company. As part of the deal,... Read More
Jumio partners with ComplyAdvantage to support AML screening
Identity verification company Jumio has launched its new fully automated AML screening solution which has been built through a new partnership with ComplyAdvantage. Through the... Read More
90% of US consumers want added security measures on mobile transactions, study finds
A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions. These results were found after... Read More